Property description

This is an investment opportunity to purchase a 6-unit block in Wellingborough generating £48,480 rent pa & gross yield of 5.4%.

Block information:

- Renovated and fully tenanted block
- Spread over 2 floors
- Comprising of:
-- 2 x 1-bed apartments
-- 4 x 2-bed apartments
- The ground-floor 2-bed apartment comes with it's own garden
- EPC ratings D & E
- Council tax band A

Rental income:

- Aggregate rental income: £4,040 pcm
- Aggregate rental income: £48,480 pa
- Aggregate gross yield: 5.4%

Location information:

- Wellingborough town centre is just over half a mile away from the property
- There are some bus stops a short walk from the property with regular services
- Wellingborough railway station can be reached in 10 minutes on foot

Note:

Please note that Vesta has not visited this property and that all material has been provided by the vendor.
Amenities

Fully tenanted investment property

Comprising 2 x 1-bed and 4 x 2-bed apartments

Aggregate annual rental income £48,480

Aggregate gross yield 5.4%